A total of 426,937 passengers passed through Auckland, the largest airport in the country, in March this year, as opposed to the 500,944 travellers that did so one year earlier.
The average cost of business class tickets has continued to trend downwards after Virgin Australia dropped its cheapest business fares to just $299.
Australian Aviation was in Warnervale, NSW to chat to the key players for the event that also featured a display by the RAAF Roulettes alongside warbirds such as the Spitfire and Trojan.
The high comes off the back of the Melbourne F1 Grand Prix and the Easter and Anzac Day holiday weekends.
Virgin stated it is aware of the legal proceedings, however "does not expect any financial consequence to the company from these proceedings", as it was extinguished of any such responsibility during its sale to Bain Capital in November 2020.
A Virgin Australia-branded Boeing 777-300ER widebody jet was ferried from Wellcamp to Brisbane on Thursday, marking the first time the jet has taken to skies in over 19 months.